Residential Condominium Opportunity
170 Lenell Rd #304, Fort Myers Beach, FL 33931
Saturday, December 7th, 2013
Bidders Welcomed at 9:00am With Auction Promptly at 10:00am
Hampton INN and Suites,
10611 Chevrolet Way, Estero, Florida 33928
AS PER OUR SELLERS REQUEST, AS OF DECEMBER 03, 2013, WE ARE ACCEPTING DAY OF AUCTION BIDDER REGISTRATION.
You can register the day of the Auction with a Cashiers Check that will be verified prior to the start of the Auction and will be remitted only if you are the winning Bidder.
You must also present evidence in the form of a letter of guaranteed credit from a bank or approved financial institution that proves the ability to pay any winning high bid.
The 10% remainder balance will be due 48 hours after the contract execution.
The property will be available for preview on the following dates: Tuesday, December 3rd, 2013 from 11:00am to 1:00pm. For a personalized showing or any questions and details about the property Please Call Thaddeus Deitriech at 239-463-9277.
Make Palm Harbor your destination for comfort and scenic surroundings. Watch the manatee swim from this 3 bedroom 2 bath immaculately maintained residence with corner location overlooking intersecting canals, community pool area and Fish Tale full service Marina. Enjoy this spacious floor plan with picture windows, high ceilings, and a screened balcony. Walk to the shops and many fine eateries of Santini Plaza. One assigned underbuilding secured parking spot. Beautiful new paver brick driveway being installed at both buildings. Attn: Boaters/Fisherman- only minutes to the Gulf of Mexico by boat. Fish Tale Marina offers charter fishing boats and pleasure craft rentals, bait and much more.
TERMS AND CONDITIONS
Minimum Opening Bid: $300,000.00 Sold with Reserve. The minimum opening bid is the amount that starts the bidding which promotes open and competitive bidding.
ADVANCED BIDDER REGISTRATION:
All Bidders must be prequalified to bid live and or online and present a $25,000 earnest money deposit made by wire transfer no later than (72) hours prior to day of auction. All deposits will be maintained by the Broker's Escrow Agent. Letters of credit from financial institutions must be verifiable.
Registered Bidders must sign and acknowledge that they received a copy of the Terms and Conditions. A detailed copy of the Terms and Conditions for the auction can be found on www.paradiserealtyswfl.com. By placing a bid at this auction you do hereby agree to the Terms and Conditions of this Auction. Preliminary Contracts can be reviewed on the website. For contract questions please contact Thaddeus Deitriech at 239-463-9277.
For online bidding please visit or auction post at www.proxibid.com Auction #12713.
A Buyer’s Premium of 10% will be applied to the final bid price. For online bidders a Buyer’s Premium of 11% will be applied to the final bid price. The Buyer’s Premium is an addition to the final high bid price and will be paid to the Listing Broker. The Seller does not allow for any financing contingency.
ESCROW DEPOSITS AND CLOSING:
Upon becoming the highest and best bidder on the property , the Bidder will immediately enter into a Contract for Sale and Purchase on said Real Estate. A remainder balance of a 10% earnest money deposit will be required at contract. If you are not the high bidder on a property your deposit will be returned within (3) days of auction. PLEASE DO NOT enter into the bidding process if you do not have the ability to transact on the listed asset. If a "Winning" Bidder cannot or will not enter into the Contract For Sale and Purchase of Real Estate they will forfeit their Bidder Registration Deposit. The Closing on this Real Estate will be held approximately 30 days after the auction. Closing and Wiring instructions are available at under Auction Documents. Final Contracts will be available for review prior to the auction at the auction venue.
It is the responsibility of prospective bidders to inspect ALL properties and decide their level of interest. Bidders are encouraged to investigate all aspects of the property they are interested in bidding on, including but not limited to physical and legal condition. The Broker and or Seller(s) are not responsible for the accuracy of any printed, written or verbal description. All printed materials are for informational purposes only. Potential bidders are encouraged to conduct their own due diligence and seek legal advice in any Real Estate transaction. ALL sale day announcements will take precedence over any previously advertised materials. THE REAL PROPERTY IS SOLD “AS IS” WITH NO IMPLIED OR EXPRESSED WARRANTY. ALL ASSETS ARE SOLD WITH ALL FLAWS AND DEFECTS.
PLEASE NOTE: THIS CONDOMINIUM HAS RENTAL CONTRACTS IN PLACE FOR 2014. PROSPECTIVE BUYERS MUST HONOR ALL FUTURE RENTAL CONTRACTS .
If you have any questions concerning the property, call Thaddeus Deitriech at 239-463-9277. If you have any questions concerning the auction process, please call Brett Baugh at 239-738-6237. See you at the auction!
Paradise Realty of Southwest Florida, LLC
Joe Jamieson Licensed Real Estate Broker
Brett Baugh Project Manager and Sales Associate
450 Old San Carlos BLVD #101
Fort Myers Florida 33931